Question : In an economy, investment increases from 200 to 500. As a result of this, equilibrium level of income increases by 6000. Calculate K.
Option 1: 40
Option 2: 10
Option 3: 20
Option 4: 30
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Question : In an economy, investment increases from 200 to 500. As a result of this, equilibrium level of income increases by 6000. Calculate K.
Option 1: 40
Option 2: 10
Option 3: 20
Option 4: 30
Correct Answer: 20
Solution :
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